Bolt struck down by Universal — but more video sites remain

Big media has scored another victory in its grinding war against online video sites. Bolt.com has, ahem, bolted, from the Web, seeking protection from creditors. A target of Universal Music's copyright-infringement rampage in October 2006, Bolt hoped to settle the suit by promising Universal a stake in its pending sale to fellow video site Gofish.com. Well, that deal fell throughearlier this month, and now out of options, Bolt is all but dead. For Universal, though, it's a very Pyrrhic victory. One site down, infinity to go.